FIA vows to impose cost-cutting

World governing body the FIA has vowed to force through cost-cutting measures after Formula One teams failed to offer any satisfactory solutions.

FIA vows to impose cost-cutting
Tue, 13 Sep, 2005 - 13:36

World governing body the FIA has vowed to force through cost-cutting measures after Formula One teams failed to offer any satisfactory solutions.

FIA president Max Mosley met team bosses last month to discuss the shape of Formula One post-2007, when the ruling Concorde Agreement expires.

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